U.S. Permian oil production forecast to hit record in November -EIA
NEW YORK (Reuters) – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day…
NEW YORK (Reuters) – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day…
PARIS (Reuters) -Stellantis will double the share of electric car models it produces in France, the company’s chief executive announced on Monday, adding that some new models of its Peugeot…
CAIRO (Reuters) – The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct,…
(Reuters) – Automaker BMW is set to move production of its electric minis from the United Kingdom to China, The Times reported on Friday. The company denied the Times report…
MILAN (Reuters) – Carmaker Stellantis said on Thursday it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production…
Saudi Arabia Confirms That Biden Pressured OPEC To Delay Oil Production Cuts Until November Micaela Burrow on October 13, 2022 Saudi Arabia’s foreign ministry issued a rare statement Wednesday…
KUALA LUMPUR – Malaysia’s industrial production in August rose 13.6% from a year earlier, beating expectations, government data showed on Wednesday. August’s factory output had been forecast to expand 9.5%, according to…
Biden Admin Begged Saudis To Delay Oil Production Cuts Until Days Before The Election: REPORT Jack McEvoy on October 11, 2022 Biden administration officials urged Saudi Arabia to delay…
‘Terrible Decision’: Top Dem Senator Vows To Punish Saudi Arabia For Oil Production Cut Micaela Burrow on October 10, 2022 Democratic Senate Foreign Relations Chairman Bob Menendez called for…
By Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for businesses and is unlikely to…
Mark Kelly Says Biden Was ‘Wrong’ For Not Increasing Oil And Gas Production — He Voted To Kill Drilling Twice Jack McEvoy on October 7, 2022 Democratic Sen. Mark…
‘Lend Money To His Family’: Chris Cuomo Asked If OPEC Slashed Production As Part Of A ‘Deal’ With Trump Harold Hutchison on October 7, 2022 NewsNation host Chris Cuomo…
‘Serious Problem’: Nikki Haley Calls Out Biden’s Failure To Halt OPEC Production Cut Harold Hutchison on October 5, 2022 Former UN Ambassador Nikki Haley slammed President Joe Biden for…
LONDON (Reuters) – OPEC+ surprise deep oil production cuts agreed this week are set to benefit Russia most while tightening supply to the West already suffering from record energy prices.…
Biden Turns To Communist Dictatorship For Oil After OPEC Slashes Production Jack McEvoy on October 5, 2022 The Biden administration proposed a deal that will ease sanctions on Venezuela,…
(Reuters) – Shares of Rivian Automotive Inc rose nearly 8% in premarket trading on Tuesday after the company delivered a record number of vehicles in the third quarter and backed…
By Nick Carey LONDON (Reuters) – British electric van and bus maker Arrival said on Friday it had missed its third-quarter target to start van production because of supply chain…
By Marcelo Rochabrun LIMA (Reuters) – Peru wants to produce lithium batteries domestically, a government official said on Wednesday, joining other Latin American nations with lofty ambitions to industrialize their…
Oil Companies Cut Production As Hurricane Ian Hits Gulf Coast Arjun Singh on September 27, 2022 Several oil and gas companies have cut production at facilities in the Gulf…
TOKYO (Reuters) – Japan’s Mazda Motor Corp is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia, the Nikkei newspaper reported on Saturday. The…
PARIS (Reuters) -France this week convened a meeting with partners including African nations, United Nations bodies and the European Union to urgently address the international food crisis resulting from the…
BERLIN (Reuters) – Mercedes-Benz has planned out measures by which it could reduce gas consumption by up to 50% but has not reduced it beyond 10% as of yet, the…
(Reuters) – Apple Inc may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves some production away from China,…
SHANGHAI (Reuters) -China Evergrande Group said its electric vehicle (EV)unit started mass production on Friday of the Hengchi 5 model at a plant in the northern city of Tianjin. Delivery…
BRUSSELS (Reuters) – Euro zone industrial production was much weaker than expected in July, data showed on Wednesday, mainly because of a sharp drop in the output of capital goods…